Tag: Consumer Price Index
India’s wholesale inflation rises to 11-month high of 2.13% in February
New Delhi: India’s gauge for wholesale prices climbed to an 11-month high of 2.13% year-on-year in February, led by higher costs of primary goods including…
Retail inflation climbs to 3.21% in February
NEW DELHI: Retail inflation rose 3.21% year-on-year in February from 2.74% in January, largely due to a low base effect and higher food prices, official…
Food prices push India’s inflation to 3.21% in February
Retail inflation rose 3.21% year-on-year in February from 2.74% in the month before, driven by higher food prices, official data released Thursday showed. This is…
$50 oil surge could wipe out 2% of India’s GDP, warns Axis Bank’s Neelkanth Mishra
Mumbai: In a sharp assessment of India’s macroeconomic vulnerabilities, Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research at Axis Capital, warned…
New series will better reflect consumption patterns, reduce volatility: RBI Guv
Reserve Bank of India Governor Sanjay Malhotra on Monday said the new CPI inflation series based on 2024 prices will better reflect Indian households’ consumption…
RBI MPC maintains status quo as India to stay in the goldilocks zone for longer
Kolkata: The improved economic growth outlook and benign inflation projection, which signalled a longer goldilock moment for India, provided the room for a pause in…
India’s revamped inflation data addresses IMF concerns, says statistics secretary Saurabh Garg
India’s consumer inflation index, based on the new series, addresses the International Monetary Fund’s concerns about the country’s data integrity, a top official said Friday….
How to read the new retail inflation series| Business News
Calculating inflation involves four key processes: identifying the items for which price data is collected; classifying and weighing them, identifying the markets from which to…
CPI’s new method skewed; UP and Maharashtra account for nearly half of newly added markets, says SBI
New Delhi: Consumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharashtra accounts…
CPI Revamp: Inflation at 2.75% in January
New Delhi: India reported January retail inflation at 2.75%, the first reading under the revised Consumer Price Index (CPI) series with 2024 as the base…